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October 19, 2019 | New York Fed Creates $253 Billion Since September 4! Why? Isn’t this Counterfeiting?

Donald B. Swenson: Born January 24, 1943, Roseau, Minnesota. Graduated H.S. 1961, Moorhead High, Minnesota. Graduated College 1968, Moorhead State University, Minnesota. Designated member of Appraisal Institute (MAI), 1974. Employed with Western Life Insurance Company, 1968 – 71; Iowa Securities Company, 1971 – 73; American Appraisal Company, 1974 – 81. Part-time teacher/valuation consultant/bartender, 1979 – 2008 (taught workshops at Waukesha County Technical Institute, Wi. and Madison Area Technical College, Wi.). Retired 2008 (part time teacher/blogger), AZ. Self educated economist/philosopher/theologian: http://kingdomecon.wordpress.com.

Image result for Fed creates 253 billion electronically, is this counterfeiting

Our criminal Federal Reserve has created (electronically) $253 billion for asset purchases to their balance sheet. All this since September 4, 2019. The Fed balance sheet is now over $4 trillion. This liquidity could expand lending by a factor of 10. Is any of this morally or constitutionally valid? Does our Constitution allow our Fed to create money in the trillions (electronically) and via merely typing numbers (cyber dollars) into a computer account? Think about the legality of this but also the morality of this type of behavior. It smells of criminality and moral corruption to me.

Where does this counterfeit (and it should be viewed as counterfeit money) go? It goes to mostly the 1% who can borrow to buy back stock, invest in our stock market,  distort values, and artificially create the illusion of a strong dollar. All this activity I view as morally corrupt, unconstitutional, and illegal. It smells of criminal activity and criminal behavior. Why don’t our representatives stop this official counterfeiting of our dollar? It has been going on since 2008. Why no official media attention to this criminality?

My sense is that our entire banking system is now so corrupted that none of our representatives desire to wade into this criminality and corruption. They FEAR that the economy will crash and punish the innocent public. But can this type of criminal/unconstitutional/immoral/counterfeiting continue ‘indefinitely’? Can a criminal operation be hidden from the voters forever? What about the world community? Other nations will desire this same option…the ability to create trillions for their wealthy billionaires (their 1%). Why not?

How can this type of behavior continue in our global internet world? Every central bank on the planet will want to do what our New York Fed is doing. Just type numbers into a digital account (call it official legal tender) and then spend it on whatever the market allows. All consumers should demand that they also receive these counterfeit money units. It would explode the logic (and morality) of what our criminal banksters are doing. We now live in a world of top/down corruption which is beyond my ability to comprehend. If those at the top are acting as criminals why shouldn’t everyone become a criminal?

What happens at the official (top) level will eventually permeate to all levels of society. Be prepared for a growing criminal society in the coming months and years. Our internet world will discover that we live with official criminality at the TOP levels of politics. This will filter down to every person (in short order) and we will have a Hong Kong mentality in the streets of every major city on this planet. Morality is key to our survival. If our leaders act with criminality then everyone will eventually act similarly. Think about what is now happening at our OFFICIAL levels of politics and banking? I am shocked at this behavior of our Federal Reserve System (their administrators).

Read this newsletter by Pam and Russ Martens for additional details about this criminality:

Fed’s Balance Sheet Spikes by $253 Billion, Now Topping $4 Trillion

Image result for our Fed is counterfeiting our dollar, QE to infinity

Image result for our Fed is counterfeiting our dollar, QE to infinity

The Fed’s balance sheet is now $4 trillion (an increase of $253 billion since 9/04/2019).

Pass this missive on to voters who have a conscience on issues of morality. Have a good day! Prepare for chaos in the coming months! I am: https://kingdomecon.wordpress.com.

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October 19th, 2019

Posted In: Kingdom Economics

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